California Education Code

§ 17074.265

EDC § 17074.265 Effective Jul 3, 2024Div. 1 · Title 1 · Part 10 · Ch. 12.5 · Art. 7

Statute text

(a)Notwithstanding Article 6 (commencing with Section 17073.10), a school district shall be eligible to receive a modernization apportionment to demolish and construct a building or buildings on an existing schoolsite if both of the following conditions are met:

(1)The building or buildings to be replaced are at least 75 years old.

(2)The school district provides a cost-benefit analysis that indicates the total cost to modernize the building or buildings is at least 50 percent of the current replacement cost, as defined by the board, of the building or buildings. The cost-benefit analysis may include applicable site development costs.

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Legislative history

Added by Stats. 2024, Ch. 81, Sec. 16. (AB 247) Effective July 3, 2024. Operative November 6, 2024, pursuant to Sec. 30 of Ch. 81.